ZEE opposes Invesco’s petition in NCLT over jurisdiction and maintainability

Earlier, Zee Entertainment Enterprises Ltd moved to Bombay High Court against the requisition of minority shareholders, Invesco and OFI Global China Fund, to convene an Extraordinary General Meeting (EGM) to discuss various issues, including removal of Managing Director Punit Goenka. The company had filed a civil suit before the high court requesting to declare the requisition notice sent to it as "illegal and invalid".

from Markets-Economic Times https://ift.tt/2Yfzhav